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Company Registration No. 13848835 (England and Wales)
The United Wards Club of the City of London Unaudited accounts for the year ended 31 December 2024
The United Wards Club of the City of London Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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The United Wards Club of the City of London Company Information for the year ended 31 December 2024
Directors
Stephen Osborne Mike Wren Chris Edge Ann Scrutton Major Geoffrey Berry TD Dhruv Patel Tim McNally Mary Hardy James Nisbet Emmanuel Lamptey Stephen Willis
Secretary
Chris Edge
Company Number
13848835 (England and Wales)
Registered Office
2 Kingswood Road Wimbledon London SW19 3NE
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The United Wards Club of the City of London Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
58,402 
2 
Investments
5
159,338 
145,139 
217,740 
145,141 
Current assets
Inventories
8,570 
8,605 
Debtors
6
130 
1,017 
Cash at bank and in hand
12,479 
9,658 
21,179 
19,280 
Creditors: amounts falling due within one year
7
(9,601)
(7,840)
Net current assets
11,578 
11,440 
Net assets
229,318 
156,581 
Reserves
8
Revaluation reserve
58,400 
- 
Profit and loss account
170,918 
156,581 
Members' funds
229,318 
156,581 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by
Emmanuel Lamptey Director Company Registration No. 13848835
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The United Wards Club of the City of London Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
The United Wards Club of the City of London is a private company, limited by guarantee, registered in England and Wales, registration number 13848835. The registered office is 2 Kingswood Road, Wimbledon, London, SW19 3NE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investments
Investments in manged funds are valued at the market value at the year end.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Have all been written off less £1
Computer equipment
Have all been written off less £1
Other tangible fixed assets
The Club's silver was put into the accounts using the insurance valuation.
Going concern
The assets of the Company arose from a deed of transfer from the unicorporated organisation of the same name during 2022.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
- 
1 
1 
2 
Additions
1,000 
57,400 
- 
58,400 
At 31 December 2024
1,000 
57,401 
1 
58,402 
Depreciation
At 31 December 2024
- 
- 
- 
- 
Net book value
At 31 December 2024
1,000 
57,401 
1 
58,402 
At 31 December 2023
- 
1 
1 
2 
- 5 -
The United Wards Club of the City of London Notes to the Accounts for the year ended 31 December 2024
5
Investments
Other investments 
£ 
Valuation at 1 January 2024
145,139 
Fair value adjustments
14,199 
Valuation at 31 December 2024
159,338 
The policy during 2024 was to reinvest surpluses from the investments, so no income was realised.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
132 
Accrued income and prepayments
- 
885 
Other debtors
130 
- 
130 
1,017 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
198 
- 
Taxes and social security
424 
424 
Accruals
2,014 
1,990 
Deferred income
6,965 
5,426 
9,601 
7,840 
8
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
9
Average number of employees
During the year the average number of employees was 0 (2023: 1).
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